Overwhelmed by all the negative news? You might need financial therapy

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Overwhelmed by all the negative news? You might need financial therapy
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People often rely on mental shortcuts when making financial decisions, which can lead to suboptimal outcomes at the best of times

, talk of a recession and exploding mortgage and rent payments – not to mention daily headlines about global crises – many Canadians feel as though they’re in a state of numbness.

She is part of a movement of practitioners who are embracing deeper training on the psychological aspects of money management. While the traditional Certified Financial Planner certification has been incorporating behavioural finance and psychology into its educational curriculum for years, Ms. Knox also holds the lesser known Certified Financial Behavior Specialist, or FBS, designation

coming up for renewal, Ms. Knox says. Other major financial concerns her clients have mentioned include housing and what AI will mean for their careers and the job market.

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